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AgdaPkt 2016-04-11 Closed and Joint SA PFA
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AgdaPkt 2016-04-11 Closed and Joint SA PFA
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Last modified
9/27/2016 10:49:17 AM
Creation date
4/7/2016 5:09:28 PM
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Template:
CC Index
CC Index - Document Type
Agenda
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/11/2016
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2. Amount of the fee <br /> <br />There are fees for 5 different types of residential developments: Single Family Homes, <br />Condos with 8-20 units, Condos with 21+ Units, Apartment with 8-20 units and <br />Apartments with 21+ Units. The fees per unit are as follows: <br /> <br />Single Family Homes (SFH): <br />Condo 8-20 units: <br />Condo 21+ units: <br />Apartment 8-20 units: <br />Apartment 21+ units: <br />$12,292.51 <br />$10,318.45 <br />$ 8,108.32 <br />$11,055.57 <br />$10,742.65 <br /> <br />3. Beginning and ending balances of the fund, the amount of fees collected, <br />and the interest earned <br /> <br />The table below shows the Park Impact Fees beginning fund balance for FY 2014-15, <br />fees collected in FY 2014-15, total interest earned in the account, total project <br />encumbrance amount for FY 2014-15, and ending balance of the Fund: <br />Beginning Fund Balance: $8,835,225 <br />Fees Collected: $5,116,015 <br />Interest Total: $168,941 <br />Project Encumbrance ($2,197,337) <br />Fund Balance: $11,992,844 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />6.1.A. - Page 3
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